10 Ways To Financially Prepare For The Launch Of A Small Business
- By
Jazmine Denise
Source: kate_sept2004 / Getty
Research the best banks for small businesses
Of course, before you open that business account, you’ll want to do a little research to determine which institutions are ideal for small business owners. Don’t assume that just because you’re happy with a particular bank for your personal banking needs that they will also be a great fit for your business accounts. Many commercial banks impose high monthly fees, overdraft penalties, and require minimum balances for business accounts while many online banks do not.
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